Old Dominion Electric Cooperative

Old Dominion Electric Cooperative Overview

Old Dominion Electric Cooperative is located in Glen Allen, VA. The organization was established in 1971. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old Dominion Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2018, Old Dominion Electric Cooperative generated $943.3m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $938.3m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.

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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $10,542,123
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$9,044
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $943,340,045

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